Chelsea FC: Investor group buys Premier League club

A consortium led by billionaires Todd Boehly from the USA and Hansjörg Wyss from Switzerland buys Chelsea FC. The takeover is worth the equivalent of more than five billion Swiss francs. However, the approval of the Premier League and the British government is still pending.

Chelsea have found new buyers.

Hannah Mckay / Reuters

(sda/dpa/afp) The sale is expected to be completed by the end of May, provided that all the necessary official approvals have been obtained, Chelsea said in a statement distributed on Saturday night.

source site-111